Best Term Insurance Plans in India 2022 from Top Term Insurance Companies

What is a Term Insurance Plan? Why do I need One?

A term insurance plan offers financial support to your family in case of your untimely death. It is a pure protection plan that offers wide coverage and several benefits to safeguard the needs of the policyholder’s family. There are a lot of companies available in the Indian market today that offer the best insurance policies. However, it is important to choose a term insurance plan that suits you well. Online term plan compare is the best way to do this.

8 Best Term Insurance Plan in India 2022 From Top Insurers:

1. LIC Tech Term

2. HDFC Click 2 Protect 3D Plus Term Plan

3. SBI Life eShield

4. Max Life Smart Secure Plus Plan

5. ICICI Prudential iProtect Smart Term Plan

6. Bajaj Allianz Smart Protect Goal Term Plan

7. Kotak Mahindra E-Term

8. PNB MetLife Mera Term Plan Plus

LIC Tech Term Plan is a pure risk premium plan that is available through an online application process only. The plan comes with attractive benefits and additional features and is offered at affordable rates.

1. Two sum assured options are available to choose      from

2. Flexible premium payment terms

3. Options to choose your policy term

4. Special rates available for women

5. Attractive rebates applicable on high sum      assured

6. Rider option available

LIC Tech Term

HDFC Click 2 Protect is one of the best comprehensive term insurance plans available in India. The plan offers several features and benefits to safeguard the needs of the policyholder and his family.

1. Offers 9 plan options to choose from

2. Lifelong protection feature available

3. Flexible premium payment terms

4. Life stage protection feature

5. Top-up cover options are available

6. Special premium rates for female policyholders

HDFC Click 2 Protect 3D Plus Term Plan:

SBI Life eShield is a comprehensive pure term insurance policy that offers several benefits and attractive features to safeguard the financial needs of the policyholder’s family in his absence.

1. Can be purchased online, very easily

2.  Offers 3 plan options to choose from

3. Flexible payment modes offered

4. Terminal illness benefit features available

5. Rider options available

SBI Life eShield

Max life Smart Secure Plus is a comprehensive term insurance plan that acts as a financial shield for your family in the case of an emergency. The plan offers wide coverage, optional benefits, and additional features.

1. Flexibility to choose the death benefit according     to the needs

2. Includes terminal illness cover for the      policyholder

3. On choosing the return of payment variant,      you receive the maturity benefit

4. Optional accident cover feature available

5. Low premium rates for female policyholders

Max Life Smart Secure Plus Plan

ICICI Pru iProtect Smart is a term insurance plan that has been in demand since its launch due to its desirable features. It is a comprehensive plan that offers 360-degree coverage at affordable rates.

1. Comes with four payout options

2. Offers special premium rates for non-smoking      individuals

3. Flexibility with premium payment modes

4. Special premium rates for female policyholders

5. Critical illness coverage option available

6. Special coverage feature available for female      organ cancer( like breast or cervical cancer)

ICICI Prudential iProtect Smart Term Plan:

Smart Protect Goal is a complete term insurance plan offered by Bajaj Allianz who are one of the reputed insurance companies of India.  The plan comes with multiple variants to suit the needs of all its clients and acts as a financial shield at the time of unfortunate events.

1. Whole life coverage option available

2. Flexibility to choose from 4 variants of the plan

3. Additional coverage for child education      post the death of the policyholder

4. Optional add-on covers are available

5. Covers more than 50 critical illnesses

6. Return of premium feature available

Bajaj Allianz Smart Protect Goal Term Plan

Kotak Mahindra E-Term plan is an efficient, comprehensive individual term insurance plan designed in a way to add extra benefits to a protection plan. Kotak Mahindra’s E-Term plan comes with many add-on features and advantages that are offered at affordable rates.

1. Flexibility to choose between three payout options

2. Three variants of the plan are available

3. Critical illness benefit feature is included

4. Special premium rates for female policyholders      and non-smokers

Kotak Mahindra E-Term

PNB MetLife Mera Term Plan is as unique as its name. It is a comprehensive pure protection plan that takes care of your expenses and needs are always taken care of at every stage of life.

1. Low premium rates

2. Flexibility to choose from four payout modes

3. Special premium rates for non-smoking      individuals

4. Whole life coverage feature available

PNB MetLife Mera Term Plan Plus

5. Can be bought easily through online mode

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